Browsing Dissertations and Theses by Author "Kamara, Avraham"

This paper studies the relationship between institutional investor holdings and misvalued stocks over the last three decades in the U.S. equity market. Using multiple proxies of stock mispricings, I find that institutional ...

Extant evidence of acquirers' post-merger underperformance is often viewed as support for the behavioral theory of mergers that investors overvalue acquirers during the pre-acquisition period. Motivated by recent developments ...